Renesas to buy Austrian partner Panthronics for NFC tech

Renesas to buy Austrian partner Panthronics for NFC tech

Business news |
By Nick Flaherty

Renesas is continuing its acquisition spree with Panthronics in Austria.

Renesas will acquire long term partner Panthronics in an all-cash transaction by the end of the year. The terms were not disclosed.

The deal will see Renesas add Near-Field Communication (NFC) applications in IoT, asset tracking, wireless charging and automotive applications alongside wireless silicon from Dialog Semiconductor and Celeno (see acquisitions below).

NFC has emerged as a de facto standard in the digital economy and touches many aspects of daily life. Fintech, such as mobile point-of-sale (mPoS) terminals and contactless payment, IoT, asset tracking, and wireless charging are highlights of NFC’s increasing presence.

Panthronics has been offering advanced NFC chipsets and software  and the two have been partners since 2018. Acquiring the Panthronics NFC technology will provide Renesas with in-house capability to  capture growing and emerging market opportunities for NFC.

Combining Panthronics’ NFC technology with Renesas microcontrollers and microprocessors will provide designers with a range of options for ready-to-market NFC system solutions. Renesas and Panthronics have already launched four joint designs of NFC system solutions to date. These include solutions catering for mPoS terminals, wireless charging, and wall box smart metering platforms. The companies have also developed an NFC connectivity board that is fully integrated into the Renesas Quick-Connect Studio ecosystem, which allows customers to add features quickly and easily to MCU development boards. This enables a “plug and play” addition of full-featured, high-end NFC connectivity.

Several more systems for PoS, IoT, wireless charging, and mobile are in development. Renesas also expects to use the NFC technology for automotive applications such as digital key management.

“Connectivity has been a priority area of ours, expanding and differentiating the realm of solutions we offer,” said Hidetoshi Shibata, President and CEO of Renesas. “We see tremendous opportunities for Panthronics’ NFC connectivity technology to benefit our customers in growing areas that span across fintech, IoT, and automotive spheres.”

Recent Renesas acquisitions


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